Larry's Giant Subs vs Chicken Salad Chick Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Larry's Giant Subs vs Chicken Salad Chick including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$136,800 - $201,900 | $562,000 - $740,000 |
Franchise Fee |
$20,000 | $50,000 |
Royalty Fee |
6% | 5% |
Advertising Fee |
- | 2% |
Year Founded |
1982 | 0 |
Year Franchised |
1986 | 0 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
$1K | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/No |
Start-up Costs |
No/No | No/No |
Equipment |
No/No | No/No |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
- | Ten days of training at Corporate Training Facility in Auburn, Alabama for three key franchise employees |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | *Opening support for ten days at your location, coordinated around the store’s grand opening.
*Restaurant opening guide.
*Training manuals for franchise staff.
*Accounting applications training.
*Comprehensive decor package for interior design of restaurant.
*Marketing, public relations and promotion plans for use by each franchisee.
*Access to our in-house team of trainers, public relations and marketing professionals and business experts.
*Periodic visits to each of your locations to provide support and counsel.
*Site selection counsel and approval, working together to identify appropriate demographics, traffic patterns, ingress and egress, and more.
*Additional real estate site support includes:
Architectural drawings of a typical floor plan with a finishing schedule.
General data for plumbing and electrical in partnership with equipment vendor.
|
Marketing |
Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12
Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
|
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | Yes |
International Expansion |
No | Yes |
Company Overviews
About Larry's Giant Subs
"Larry's formula for success: Quality, Honesty, Reliability - We Set the Standard!"
Larry Raikes - Larry's Giant Subs"I'm very proud of our franchise owners. They've helped make our company the best it can be.
In 1982, my brother Mitchell and I opened the first Larry's Giant Subs in Jacksonville, Florida. We offered extraordinary quality then, as we still do today. Our franchisees share our commitment to serving the very best. And we've all been successful using this simple formula."
The first thing you need to know about Larry's Giant Subs is that we do everything in a Big Way. This means we are Quality Driven. We serve only the best . . . no compromises. That's why we are different. That's why we are better.
To be a Larry's Giant Subs Franchisee, all you need is enthusiasm and perseverance. This system was designed by aspiring entrepreneurs and that is who it's tailored to fit. Mitchell Raikes said it best: "We are only as good as the sandwich that comes across the counter and the smiling face that prepares and serves it. Take pride in what you do and be the best that you can be".
The future looks especially bright for the sandwich section of the fast food industry. Sandwiches and salads may be hot but Larry's Giant Subs is even hotter.
Simply put, we believe Larry's Giant Subs sandwiches are the best you can buy. A better sandwich means a better opportunity for you. If you would like to own an exciting business in a growing market segment then a Larry's Giant Subs Franchise could be for you.
About Chicken Salad Chick
Simply Southern Restaurant Group is proud to serve as the exclusive franchisor of the freshest, most unique lunch and dinner concept in the industry today.
Chicken Salad Chick is an exciting concept, one that allows us to offer our franchisees an opportunity to build a business in a virtually untapped market. We offer customers a "custom-fit" Chicken Salad Experience, with 15 original flavors to choose from, as well as gourmet soups, flavorful side salads and freshly-baked desserts. There's truly something for everyone!
The minimum financial requirements to own a Chicken Salad Chick is $125,000 liquid capital and $500,000 net worth per location.
If you enter into an Area Development Agreement for multiple
restaurants, you will be required to pay the initial franchise fee for
the first location and a non-refundable development fee of $20,000 for
each additional Chicken Salad Chick restaurant to be developed. The
remaining $25,000 of the franchise fee for subsequent locations is paid
to the franchisor and a $10,000 grand opening marketing fee is paid to
our Affiliate, upon signing the franchise agreement for each additional
location.
#18 in Gator's Top franchises.
#322 in Franchise 500 for 2021. Not in Franchise 500 for 2020.